News Release

Vancouver – A Vancouver man has been charged with criminal fraud and theft after an investigation by the British Columbia Securities Commission (BCSC).

Jeffrey Shaughnessy is accused of committing two counts of fraud over $5,000 and two counts of theft over $5,000 under the Criminal Code. The charges relate to crimes that allegedly took place in September and October 2017.

Shaughnessy, age 48, was arrested May 14 following a joint effort by the BCSC’s Criminal Investigations Branch and the Vancouver Police Department.

He was released on $3,500 cash bail and on an undertaking – a formal, legal promise – to attend his next court appearance at Vancouver Provincial Court on June 16. He is also forbidden from contacting the alleged victims, among other conditions.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

Media Contact:
Elise Palmer
604-899-6830

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)
inquiries@bcsc.bc.ca

Learn how to protect yourself and become a more informed investor at www.investright.org